<div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B><U><SPAN style="FONT-SIZE: 14pt; FONT-FAMILY: Arial">Alert # 109<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></SPAN></U></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B><U><SPAN style="FONT-SIZE: 22pt; FONT-FAMILY: 'Copperplate Gothic Bold'; mso-bidi-font-family: Cornerstone"><o:p><SPAN style="TEXT-DECORATION: none"><FONT face="Times New Roman"></FONT></SPAN></o:p></SPAN></U></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B><U><SPAN style="FONT-SIZE: 22pt; FONT-FAMILY: 'Copperplate Gothic Bold'; mso-bidi-font-family: Cornerstone"><FONT face="Times New Roman"></FONT></SPAN></U></B> </div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B><U><SPAN
style="FONT-SIZE: 22pt; FONT-FAMILY: 'Copperplate Gothic Bold'; mso-bidi-font-family: Cornerstone"><FONT face="Times New Roman">Village League <o:p></o:p></FONT></SPAN></U></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><FONT size=3><FONT face="Times New Roman"><SPAN style="mso-tab-count: 2"> </SPAN><SPAN style="mso-spacerun: yes"> </SPAN></FONT></FONT><I style="mso-bidi-font-style: normal"><SPAN style="FONT-SIZE: 14pt; FONT-FAMILY: Arial">Tax Revolt and Reform<o:p></o:p></SPAN></I></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><I style="mso-bidi-font-style: normal"><SPAN style="FONT-SIZE: 14pt; FONT-FAMILY:
Arial"><o:p> </o:p></SPAN></I></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><I style="mso-bidi-font-style: normal"><SPAN style="FONT-SIZE: 14pt; FONT-FAMILY: Arial"><SPAN style="mso-tab-count: 8"> </SPAN><SPAN style="mso-tab-count: 1"> </SPAN></SPAN></I><?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:date Year="2006" Day="15" Month="8"><B style="mso-bidi-font-weight:
normal"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>August 15,</FONT></SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 14pt; FONT-FAMILY: Arial"> </SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>2006</FONT></SPAN></B></st1:date><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-pagination: none; mso-layout-grid-align: none"
align=center><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 16pt; COLOR: red; FONT-FAMILY: Arial">WHAT’S HAPPENING?<o:p></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-pagination: none; mso-layout-grid-align: none" align=center><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 16pt; COLOR: red; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-pagination: none; mso-layout-grid-align: none" align=center><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 16pt; COLOR: red; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; mso-pagination: none; mso-layout-grid-align: none"><FONT size=3><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">The Attorney for the </SPAN></B><st1:place><st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">Washoe</SPAN></B></st1:PlaceName><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"> </SPAN></B><st1:PlaceType><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">County</SPAN></B></st1:PlaceType></st1:place><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"> Assessor agreed with the request received from Attorney </SPAN></B><st1:PersonName><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">Tom Hall</SPAN></B></st1:PersonName><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"> to continue the previously scheduled hearings before the State Board of Equalization until <U>after </U>the Supreme Court issues their Decision.<SPAN style="mso-spacerun: yes"> </SPAN>That brought everything to a “wait and see” posture.<SPAN style="mso-spacerun: yes"> </SPAN>The August 24 and 25 hearings are now
“stayed”, so we are “stuck”.<o:p></o:p></SPAN></B></FONT></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; mso-pagination: none; mso-layout-grid-align: none"><FONT size=3><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">Supreme Court Chief Justice Robert Rose stated at the close of the oral arguments on </SPAN></B><st1:date Year="2006" Day="15" Month="7"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">July 15, 2006</SPAN></B></st1:date><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">, that the Court would issue a ruling in 60 to 90 days.<SPAN style="mso-spacerun: yes"> </SPAN>Today is the 60<SUP>th</SUP> day, so we may hear something in the
very near future.<SPAN style="mso-spacerun: yes"> </SPAN>Hopefully, it will be favorable to all of the members of the Village League. Keep us in your thoughts.<o:p></o:p></SPAN></B></FONT></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-pagination: none; mso-layout-grid-align: none" align=center><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 16pt; COLOR: red; FONT-FAMILY: Arial">WHAT IS THE STATUS OF THE OTHER CASES?<o:p></o:p></SPAN></B></div> <div
class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-pagination: none; mso-layout-grid-align: none" align=center><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 16pt; COLOR: red; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-pagination: none; mso-layout-grid-align: none" align=center><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 16pt; COLOR: red; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><FONT size=3><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><SPAN style="mso-spacerun: yes"> </SPAN><SPAN style="mso-tab-count: 1"> </SPAN>We won the Order issued by Judge Griffin for the tax year 2004-2005, which was appealed by
</SPAN></B><st1:place><st1:PlaceName><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">Washoe</SPAN></B></st1:PlaceName><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"> </SPAN></B><st1:PlaceType><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">County</SPAN></B></st1:PlaceType></st1:place><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"> to the Supreme Court, where it awaits a ruling. <SPAN style="mso-spacerun: yes"> </SPAN>The ruling by Judge McGee also is awaiting a Supreme Court decision, as are <U>three other cases</U> in the courts of Judges </SPAN></B><st1:City><st1:place><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">Griffin</SPAN></B></st1:place></st1:City><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"> and Judge Maddox for the tax year 2005-2006. The tax year cases for 2006-2007 will be heard before the State Board
of Equalization, whenever it is re-scheduled.<SPAN style="mso-spacerun: yes"> </SPAN>The true, current Supreme Court ruling is to determine if the tax year 2003-2004 Order issued by Judge Maddox withstands the Appeal of </SPAN></B><st1:place><st1:PlaceName><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">Washoe</SPAN></B></st1:PlaceName><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"> </SPAN></B><st1:PlaceType><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">County</SPAN></B></st1:PlaceType></st1:place><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">.<o:p></o:p></SPAN></B></FONT></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt;
mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><FONT size=3><SPAN style="mso-spacerun: yes"> </SPAN><SPAN style="mso-tab-count: 1"> </SPAN>Are you feeling confused?<SPAN style="mso-spacerun: yes"> </SPAN>So are we!!!<SPAN style="mso-spacerun: yes"> </SPAN>But, we will keep all of you </FONT></SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>“in the loop”, as difficult as it is.<o:p></o:p></FONT></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; mso-pagination: none; mso-layout-grid-align: none"><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>You may now understand how difficult it is to keep all of these moving parts in focus. Only our attorneys have it all in prospective and their invoices are pouring in, and must be paid.<o:p></o:p></FONT></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><FONT size=3><SPAN style="mso-spacerun: yes"> </SPAN><SPAN style="mso-tab-count: 1"> </SPAN><SPAN style="mso-spacerun: yes"> </SPAN>Please help us keep our coffers from hitting bottom.<SPAN style="mso-spacerun:
yes"> </SPAN></FONT></SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 14pt; COLOR: red; FONT-FAMILY: Arial">We are counting on you !!!<SPAN style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 14pt; COLOR: red; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><FONT size=3><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial">Sincerely,</SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 14pt; COLOR: red; FONT-FAMILY: Arial"><o:p></o:p></SPAN></B></FONT></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><U><SPAN style="FONT-SIZE: 16pt; FONT-FAMILY: 'Amazone BT'; mso-bidi-font-family: Cornerstone">Maryanne</SPAN></U><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 16pt; FONT-FAMILY: 'Amazone BT'; mso-bidi-font-family: Arial"><o:p></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>Maryanne Ingemanson, President<o:p></o:p></FONT></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt;
mso-pagination: none; mso-layout-grid-align: none"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><o:p><FONT size=3> </FONT></o:p></SPAN></B></div> <div class=MsoNormal style="MARGIN: 0in 9pt 0pt 0in; mso-pagination: none; mso-layout-grid-align: none"><B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">Village League to Save Incline Assets Board Members</SPAN></B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">:</SPAN><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: 'Arial Rounded MT Bold'; mso-bidi-font-family: Cornerstone"><o:p></o:p></SPAN></div> <div class=MsoNormal style="MARGIN: 0in 9pt 0pt 0in"><st1:PersonName><B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">Maryanne Ingemanson</SPAN></B></st1:PersonName><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">, President, <B>Ted Harris</B>, Tax Revolt Committee
Chairman,<o:p></o:p></SPAN></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt"><B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">Les Barta</SPAN></B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">, Law Research, <B>John Carney</B>, Analyst, </SPAN><st1:PersonName><B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">Wayne Fischer</SPAN></B></st1:PersonName><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">, Webmaster, <o:p></o:p></SPAN></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt"><st1:PersonName><B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">Todd Lowe</SPAN></B></st1:PersonName><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">, Financial Analyst, </SPAN><st1:PersonName><B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">Dale
Akers</SPAN></B></st1:PersonName><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt">, Historian, and <B>Chuck Otto</B>, Public Relations<o:p></o:p></SPAN></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt"><o:p> </o:p></SPAN></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt"><o:p> </o:p></SPAN></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt"><o:p> </o:p></SPAN></div> <div class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 7.5pt"><o:p> </o:p></SPAN></div> <div class=MsoNormal style="MARGIN: 0in -0.25in 0pt 0in; TEXT-INDENT: -9pt; TEXT-ALIGN: center; mso-prop-change: 'Vicki Marotti' 20051222T2121" align=center><FONT
face="Times New Roman"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 9pt; FONT-FAMILY: 'Arial Rounded MT Bold'; mso-bidi-font-family: Cornerstone">Village League to Save Incline Assets, Inc. – an approved non-profit organization – FEIN 88-0399029</SPAN></B><SPAN style="FONT-SIZE: 9pt; FONT-FAMILY: 'Arial Rounded MT Bold'; mso-bidi-font-family: Cornerstone"><o:p></o:p></SPAN></FONT></div> <div class=MsoNormal style="MARGIN: 0in -0.25in 0pt 0in; TEXT-INDENT: -9pt; TEXT-ALIGN: center; mso-pagination: none; mso-layout-grid-align: none" align=center><FONT face="Times New Roman"><st1:Street><st1:address><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 9.0pt">1165 Vivian Lane</SPAN></st1:address></st1:Street><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 9.0pt"> - </SPAN><st1:place><st1:City><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 9.0pt">Incline Village</SPAN></st1:City><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 9.0pt">,
</SPAN><st1:State><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 9.0pt">Nevada</SPAN></st1:State><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 9.0pt"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><st1:PostalCode><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 9.0pt">89451</SPAN></st1:PostalCode></st1:place><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 9.0pt"> - telephone - 775-831-4011 - fax - 775 – 831-0325</SPAN><SPAN style="FONT-SIZE: 8pt; FONT-FAMILY: 'Arial Rounded MT Bold'; mso-bidi-font-family: Cornerstone"><o:p></o:p></SPAN></FONT></div> <div class=MsoNormal style="MARGIN: 0in -0.25in 0pt 0in; TEXT-INDENT: -9pt; TEXT-ALIGN: center; mso-pagination: none; mso-layout-grid-align: none" align=center><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 9.0pt"><FONT face="Times New Roman">Email - </FONT><A href="mailto:mingemanson@charter.net"><FONT face="Times New
Roman">mingemanson@charter.net</FONT></A><o:p></o:p></SPAN></div><p> __________________________________________________<br>Do You Yahoo!?<br>Tired of spam? Yahoo! Mail has the best spam protection around <br>http://mail.yahoo.com